Faroe Islands vs Liechtenstein: Manufacturing, value added
Manufacturing, value added over time
- Faroe Islands
- Liechtenstein
How they compare
Faroe Islands currently reports 2.64 billion current LCU against 2.53 billion current LCU in Liechtenstein, a difference of 114.20 million current LCU.
The two have swapped places 3 times across 8 shared years of data; in 2016 it was Liechtenstein ahead.
Globally, Faroe Islands ranks 156th and Liechtenstein ranks 159th of 204 countries.
Individual pages
About this data
Manufacturing includes industries classified in ISIC (Rev. 3) major division C and is defined as the physical or chemical transformation of materials or components into new products. Value added is the contribution to the economy by a producer or an industry or an institutional sector, which is estimated by the total value of output produced and deducting the total value of intermediate consumption of goods and services used to produce that output. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.